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Revenues up 32% Recovery in operational performance Strong financial position Guidance raised for full-year 2021
Acceleration of clean, smart mobility strategy Laurent Favre, Chief Executive Officer of Plastic Omnium, said: |
2021 Half-Year Results
Author: admin
Plastic Omnium supplies EFA-S with fuel cell systems to equip hydrogen-powered truck
| Elektro-Fahrzeuge Stuttgart GmbH (EFA-S) selected Plastic Omnium for the delivery of fuel cell systems to equip the GAZelle with an e-powertrain. This emission-free truck will first be used by the city of Esslingen (Germany) for road maintenance. The ambition of EFA-S is to set up a fleet of more than 100 hydrogen-powered vehicles by 2023.
Press release: |
Soon a new plant in China!
Plastic Omnium announces the construction of a new plant in LinGang, Shanghai region, by YFPO, its joint venture with Yanfeng which ranks as China’s leading manufacturer of exterior body systems.
| China, the world’s largest automotive market, is strategic for Plastic Omnium, which already has 32 production facilities, 2 R&D centers and an office in Shanghai. The Group generated 11% of its economic revenue in China in 2020 (€847 million).
The foundation stone of the LinGang plant was laid at the end of May, in presence of 70 guests including our customers and government representatives. The production of bumpers will start in 2022, with a capacity of more than 1 million parts per year.
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Hopium unveils Māchina, its hydrogen-powered sedan prototype, equipped with Plastic Omnium’s hydrogen storage system
Hopium, the new French manufacturer of hydrogen powered sedans, unveils its very first rolling prototype during the Viva Technology week in Paris. This high-end vehicle, aims to be the first French hydrogen-powered sedan to hit the market in 2026.
| The Māchina prototype will be equipped with a 700-bar Type IV* vessel made by Plastic Omnium in its Herentals plant (Belgium), which is operational since fall 2020. This new generation will be optimally integrated into the vehicle chassis, enabling Hopium to maximize the quantity of hydrogen stored and achieve its ambitious 1,000-kilometer target range. Press release: *composite high-pressure vessel comprising a thermoplastic liner reinforced with a carbon-fiber shellwinding
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Two new members join Plastic Omnium’s Executive Committee
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Plastic Omnium announces the appointment of two new members to its Executive Committee. – Kathleen Wantz-O’Rourke was appointed to the Executive Committee on June 1st as Executive Vice-President, Group Chief Financial Officer and Chief Information Officer. Kathleen, who is a dual French-Australian citizen, was formerly Group Executive Director Financial & Legal at Keolis. – Alexandre Corjon was also appointed to the Executive Committee on June 1st as Group Executive Vice-President for Innovation. Press release: |
EKPO Fuel Cell Technologies secures high-volume series production contract for fuel cell stacks
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– Subsidiary of ElringKlinger and Plastic Omnium receives series production order covering a projected total volume in the high double-digit million euro range – Contract with AE Driven Solutions for exclusive, multi-year supply of NM5-evo fuel cell stacks from 2022 onward – AE Driven Solutions equips delivery vehicles for urban spaces with fuel cell systems EKPO Fuel Cell Technologies GmbH (EKPO), the joint venture between ElringKlinger (60%) and Plastic Omnium (40%), is continuing to fill up: Aachen-based mobility company AE Driven Solutions GmbH (AEDS) has awarded EKPO an exclusive, multi-year contract to supply fuel cell stacks of the type NM5-evo. The order covers a planned volume in the high double-digit million euro range. The stacks are designed to meet AEDS’s key criteria of performance, durability, and smooth operation and are to be fitted to delivery vehicles as part of the company’s system integration efforts, the aim being to offer environmentally friendly drive technology in urban spaces. Series production of the stacks is scheduled to commence in the first half of 2022. EKPO Fuel Cell technologies press release: |
Plastic Omnium signs partnership with Hopium to develop the hydrogen storage system the Māchina
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Laurent Favre, Chief Executive Officer of Plastic Omnium Plastic Omnium has announced a partnership with Hopium, the French manufacturer of high-end hydrogen cars, to develop the hydrogen storage system for the anticipated Hopium Māchina. This high-end sedan, first announced in October 2020, aims to be the first French hydrogen-powered car to hit the market in 2026. The Māchina prototype is due to be unveiled to the press in June 2021. It will be equipped with a 700-bar Type IV* vessel made by Plastic Omnium in its Herentals plant (Belgium), which is operational since fall 2020. Press release: |
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EKPO will supply fuel cell stack to GCK for their high power Fuel Cell system
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EKPO Fuel Cell technologies (EKPO), a joint venture between ElringKlinger AG and Plastic Omnium, has been selected by GCK (Green Corp Konnection) as stack supplier for their high power fuel cell system. With this award, EKPO will launch their “NM12 Twin Stack” which boasts a market leading power of over 200 kW, and is specially designed for applications with high output requirements. This system will be adapted by GCK to a range of industrial applications, making its first outing on their hydrogen-powered vehicle that will compete in the 2023 Dakar Rally. Press release: |
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Plastic Omnium signs technological partnership with McPhy
to boost its expertise and solutions for hydrogen fuel cell electric vehicles.
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– A technological collaboration to maximize the performance of the Group’s hydrogen solutions, in particular concerning the filling interface between hydrogen stations and high-pressure vessels.
– A commitment to sharing expertise to speed up the transition to carbon-free mobility. Press release: |
Jana KLEY joins Plastic Omnium’s Executive Committee as Group Executive Vice-President Human Resources
As of May 3, Jana KLEY will join Plastic Omnium’s Executive Committee as Group Executive Vice-President Human Resources.
Jana’s mission will be to support the transformation of the Group by implementing a business oriented HR strategy with a strong focus on talent management, performance and digitalization at the service of an agile organization.
A German national, Jana spent her entire career in Human Resources functions at United Technologies Corporation (UTC) Industrial Group where she has developed her expertise in organizational transformation, leadership, management support and labor relations in international and multicultural environments.
She began her career in 1996 at the elevator division of UTC in Germany. Jana moved to France in 2000 when she joined the Carrier group where she held various positions as Human Resources Director in Europe and the United States.
In 2010, she re-joined Otis elevator division as HR Director for 15 countries (in North and Eastern Europe and Africa).
In 2014, she became Vice-President Human Resources France, Switzerland and Africa at the Building &Industrial Systems Division of the UTC Group and led the HR function for the entire division in Europe in 2015. In 2018, Jana was appointed Vice President Human Resources and Communication Europe, Middle East & Africa at Otis elevator, covering 26,000 employees in 43 countries.
Cécile CANET-TEIL is appointed Group VP Corporate Communications and associate member of the Executive Committee
Plastic Omnium announces the appointment of Cécile Canet-Teil as Group VP Corporate Communications and associate member of the Executive Committee.
In her new position, Cécil’s mission is to leverage the Group’s communications to raise awareness on its strategy, its unique positioning in low-carbon mobility and its sustainable development ambitions.
Prior to joining Plastic Omnium, Cécile CANET-TEIL served as Communications Director for the Solvay chemical group from 2016 to 2020, based in Brussels. She successively managed the Group’s external communications, including the change of logo and the deployment of the new brand identity worldwide. From 2008 to 2012, she was in charge of internal communications for the chemical group Rhodia. Previously, she held increasingly responsible communication positions at Altadis, Seita and Rhône Poulenc where she began her career in 1993.
Cécile is a graduate of the École des Hautes Etudes en Sciences de l’Information et de la Communication (CELSA-Sorbonne) in Paris.
Annual meeting of shareholders on April 22, 2021 at 5 p.m. (CET)
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In the context of the sanitary crisis caused by the Covid-19 pandemic and in order to protect all shareholders, guests and organizers, the Board of Directors and the Chairman of the Board of Directors of Compagnie Plastic Omnium SE have taken the difficult but nevertheless necessary decision to exceptionally hold the April 22, 2021 Annual Shareholders Meeting behind closed doors Message from the Chairman of the Board Open pdf file How to raise questions? Open pdf file |
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To register to the Webcast, please, go to: To get access to the visioconference, dial one of the following access numbers: Code PIN participant: 31695287# Combined General Meeting report See the video of the general meeting (only FR), click here
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Solid business levels in the first quarter of 2021
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– Economic revenue* up: 4.8%; – Outperformance of 4 points in Europe, and 22 points in Asia excluding China; strong growth in China (+79%); – 2021 guidance confirmed**. Revenue up 4.8% in the first quarter of 2021 Plastic Omnium generated economic revenue of €2,157 million in the first quarter, up 4.8% at constant exchange rates. Growth was driven by Plastic Omnium Modules, where revenue rose 12.5% at constant exchange rates.
* At constant exchange rates. In the first quarter of 2021, currency effects had a €78 million negative impact on economic revenue and a €74 million negative impact on consolidated revenue. |
Publication of revenue for the 1st quarter of 2021 – on April 20, 2021
Q1 2021 revenue will be released on April 20 at 7:00 am (Paris time) and will be followed by a conference call at 8:00 am (Paris time) during which Adeline Mickeler, EVP Corporate Finance of Compagnie Plastic Omnium SE, will comment the main developments of the 1st quarter of the year.
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To get access to the conference call, dial one of the following access numbers: PIN CODE: 23669625# |
Plastic Omnium joins ‘Entreprises pour l’Environnement’ association (FR only)
The French association “Entreprises pour l’Environnement” is pleased to welcome as a new member Plastic Omnium, a major player in sustainable car mobility.